Bitcoin rally to continue (BTC/USD Analysis)

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7y

TUESDAY
25-JUN

Price broke Y and LW highs and rejected as some profit taking probably took place at the highs.
Price seems unlikely to seek the sell LQ below Y low since it looks far away right now.

On LTF, price is reacting from the Daily open and Y high after the selloff and the rally may resume.
If price keeps dropping, longs could be considered around the swing low of y'day - also an H4 zone.
This zone has provided support and initiated the latest rally that broke LW high.

Bitcoin rally to continue (BTC/USD Analysis) | Ecency